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GI.Biz: A Clean Break

GI.Biz writes: "The initial reaction to last week's Pre-Budget Report (PBR) was that there was nothing in it for the games sector (unless you wanted to trade in your old boiler). However while there was no overt tax break announced for "culturally British" games, as the industry had been campaigning for, the Chancellor has provided a much needed tax benefit. Indeed the change to the tax system is one that benefits all developers - not just those that produce "culturally British" games.

That change is to the Research and Development Tax Credit System and means that all developers can now benefit from the scheme in a way that they couldn't before."

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3600d ago